Countrywide Financial

Wall Street Journal Reporter Conceals Facts About The Real Countrywide Mortgage Scandal

David Fiderer | Posted 10.23.2009 | Media


David Fiderer

Just like the birthers, who refuse to acknowledge Obama's birth certificate, Rep. Darrell Issa and Wall Street Journal reporter Emshwiller refuse to acknowledge the mountain of evidence that the Countrywide VIP "scandal" has been thoroughly discredited.

Angelo Mozilo, Ex-Countrywide CEO: Was He To Blame?

latimes.com | E. Scott Reckard | Posted 10.16.2009 | Business


When David Gautreaux volunteered to assist at a charity golf tournament in Thousand Oaks two years ago, he was eager to meet the event's host, Angelo ...

Countrywide VIP Scandal: In the Media, Unlike the Courtroom, Rules of Evidence Don't Apply

David Fiderer | Posted 10.23.2009 | Media


David Fiderer

Why isn't any reporter asking inquiring about Feinberg's contacts with GOP operatives? And why isn't any reporter asking questions about who is paying Feinberg's legal bills?

Darrell Issa, Another Lying Liar in the Countrywide VIP Loan Story

David Fiderer | Posted 10.23.2009 | Politics


David Fiderer

Robert Feinberg is the "whistleblower" who accuses Chris Dodd of receiving "sweetheart deals" on his home mortgage. His statements and stolen company documents represent the only direct evident in Rep. Issa's misleading report.

At PennyMac, Former Countrywide Execs Want To Profit From Housing Bust

bloomberg.com | Elizabeth Stanton | Posted 08.29.2009 | Business


July 29 (Bloomberg) -- PennyMac Mortgage Investment Trust, which plans to raise $400 million in a stock offering today, is betting that the people who...

Senator Dodd's Accusers: Lying Liars and the Reporters Who Enable Them

David Fiderer | Posted 08.28.2009 | Media


David Fiderer

There's ironclad proof that Sen. Dodd's accuser in a mortgage scandal lied from the start. But some reporters aren't interested in facts that undercut the scandal narrative.

Ironic Ads From Before The Bailout: AIG, Countrywide, RBS, Bank Of America

The Huffington Post | Ryan McCarthy | Posted 08.13.2009 | Business


Ok, so we all know the world has changed. The financial markets have been upended, and we're all more than a little chastened by the excesses of the p...

Why Mozilo Was Charged With Insider Trading

Michael Martin | Posted 07.05.2009 | Business


Michael Martin

The SEC has charged Angelo Mozilo with civil fraud and insider trading. Civil fraud charges also were filed against Countrywide's former chief operat...

Angelo Mozilo Fraud Charges: SEC Charges Former Countrywide CEO

AP | MARCY GORDON and GREG RISLING | Posted 07.05.2009 | Business


WASHINGTON — Federal regulators on Thursday charged Angelo Mozilo, the former chief executive of fallen mortgage lender Countrywide Financial Co...

SEC Recommends Fraud Charges Against Countrywide's Mozilo

Business Insider | Joe Weisenthal | Posted 06.13.2009 | Business


The man who was once lauded as the greatest friend to the homeowner for happily extending credit to anyone with a pulse is looking at possible civil f...

AIG Continues Risky Lending Practices

brucekrasting.blogspot.com | Bruce Krasting | Posted 04.23.2009 | Business


On March 16, 2009 United Guaranty revised its standards for providing the first loss insurance that has caused so much pain... Noteworthy is the fact...

CNBC's Larry Kudlow and Other Liars Touting the Countrywide VIP Loan "Scandal"

David Fiderer | Posted 04.21.2009 | Media


David Fiderer

CNBC's viewers should insist that the network retract Kudlow's lies about Senator Dodd.

FINalternatives: Hedge Fund Gloms Onto Ex-Countrywide Officials' New Venture

Huffington Post | Julie Satow | Posted 04.06.2009 | Business


Hedge funds have never been shy about getting their hands dirty, and so it goes with the latest unsavory money-making endeavor. Boston-based Highfield...

Worse Than Whitewater, Chris Dodd and the Phony Countrywide V.I.P. Loan Scandal

David Fiderer | Posted 04.23.2009 | Business


David Fiderer

Here's how a political scandal, a sort of mini-Whitewater, was contrived in the absence of credible evidence, and why the primary source of the revelations could be a Republican shill.

Countrywide Barred From Mortgage Lending

Crain's Chicago Business | Steve Daniels | Posted 11.16.2008 | Chicago


llinois' top banking regulator is barring Countrywide Home Loans Inc. from making any new mortgages in the state until his agency is convinced the len...

One American Carmaker -- Our Best Solution?

Steve Parker | Posted 11.12.2008 | Business


Steve Parker

If the Detroit Three were to merge into one company, ownership shared with the American people, it could benefit everyone; the carmakers, their dealers and their customers

Brand Expert Scores Obama v. McCain 7 Ways

John Tepper Marlin | Posted 11.05.2008 | Politics


John Tepper Marlin

The Obama and McCain brands have been rated by branding-strategy expert Patt Cottingham of Genuine Imprints, Ltd . Her paper "Brand Obama or Brand Mc...

Market Just Barely Good Enough To Sell Sex-Party House After All

Footnoted | Michelle Leder | Posted 07.26.2008 | Business


On Tuesday, Countrywide's sex party house sold at auction for $475K, a substantial haircut from the $1.1 million Countrywide was in for. Keep in mind ...

Vilified: What You Don't Know About My Brother, Angelo Mozilo

Lori Mozilo | Posted 07.25.2008 | Business


Lori Mozilo

When the mortgage crisis broke, there was as flurry of innuendos and allegations about Angelo and Countrywide. However, reporters are merely recycling misinformation they've gotten from each other.

Even Sex-Party Houses Aren't Selling In This Market

Footnoted | Michelle Leder | Posted 07.22.2008 | Business


Footnoted regulars know that I've been chronicling the fate of Countrywide's sex party house in Holmes Beach, Fl and using it as a metaphor to explain...

Housing Prices May Still Go Lower

Washington Independent | Charles R. Morris | Posted 07.15.2008 | Business


Financial markets have finally internalized the brutal fact that house prices still have a long way to fall. The full-year price drop in 2007 was 8.5 ...

Illinois To Sue Countrywide Over "Unfair And Deceptive" Mortgages

AP | CARYN ROUSSEAU | Posted 07.03.2008 | Business


CHICAGO — The nation's biggest mortgage lender engaged in "unfair and deceptive" practices to get homeowners to apply for risky mortgages far be...

Obama's Shortlist Just Got Shorter

Carol Felsenthal | Posted 06.28.2008 | Politics


Carol Felsenthal

Chris Dodd, Donna Shalala, Richard Holbrooke, David Boren can be scratched from Obama's short list (and perhaps even his long list) for vice president and for cabinet or other high-level positions

Inside Ed McMahon's Money Mess

Michael Lewittes | Posted 06.13.2008 | Entertainment


Michael Lewittes

"Being Ed McMahon was an expensive proposition." A lot of cash "went to tips," noted Fisher, who recalled walking through hotels with McMahon as he would hand out money to anyone who helped him.

Countrywide CEO Mozilo Calls Borrower's Plea For Help "Disgusting"

LA Times | Posted 05.29.2008 | Business


Apparently clicking "reply" when he meant to hit "forward," Countrywide Financial Corp. Chairman Angelo Mozilo ignited an online furor Tuesday by desc...